Author: WSJ

Saudi Arabia is at nexus of Prime Minister Saad Hariri’s two big problems: his political future and the looming collapse of his company By Matthew Dalton in Paris and Nicolas Parasie in Dubai Saudi Arabia is at the nexus of Lebanese Prime Minister Saad Hariri’s two big problems: his precarious political future and the looming collapse of his construction empire, a business built on decades of support from the Saudi royal family. Saudi Oger, a Riyadh-based construction company wholly owned by the Hariri family, closed operations across Saudi Arabia this summer after the Saudi royal family slashed spending on lavish...